i am aware we all have different strategies and goals for our investments but i am sure that a lot of us are planning to hold bitcoin for the long term and it got me thinking what ways could we do to prevent us from being tempted to sell our bitcoins and spend it on unnecessary things
one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.
do you also do this and does it really work for you?
If that works for you then keep on writing that off so that it will serve as a reminder.
But to me, this might not work at all. If I am tempted to sell, I'll sell. But as long as there is something left which is for me, I'll do it.
What works for me so that I won't be able to sell is to put some of my Bitcoins in a hardware wallet, that makes me lazy to sell.